Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in South Africa - 2024

Contents:

  1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in South Africa (CIF) - 2022
  2. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in South Africa (FOB) - 2022
  3. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in South Africa
  4. Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in South Africa

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in South Africa (CIF) - 2022

The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $987 per unit in 2022, falling by -88.2% against the previous year. In general, the import price continues to indicate a significant decrease. The growth pace was the most rapid in 2015 an increase of 1,549% against the previous year. The import price peaked at $23,238 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($226 per unit), while the price for Finland stood at $69 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-5.2%), while the prices for the other major suppliers experienced a decline.

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in South Africa (FOB) - 2022

The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $554 per unit in 2022, picking up by 40% against the previous year. In general, the export price, however, saw a slight shrinkage. The pace of growth was the most pronounced in 2013 an increase of 5,880% against the previous year. As a result, the export price reached the peak level of $38,181 per unit. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($800 per unit), while the average price for exports to Cote d'Ivoire ($47 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+9.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in South Africa

In 2022, after two years of decline, there was significant growth in overseas purchases of casting machines; of a kind used in metallurgy or in metal foundrieses, when their volume increased by 4,584% to 5.9K units. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses skyrocketed to $5.8M in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9711583943,27349.9%
United KingdomN/A0.20.31,2637846.7%
Italy7760.515.5214-34.9%
France30220.1N/AN/A-93.3%
Others2426876311,02661.8%
Total2,2918661,0415,77636.1%

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to South Africa in 2022:

  1. United Kingdom (5.6K units)
  2. China (0.1K units)

Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in South Africa

Exports of casting machines; of a kind used in metallurgy or in metal foundrieses from South Africa soared to 434 units in 2022, growing by 22% on the year before. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 3,259%. As a result, the exports reached the peak of 571 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses skyrocketed to $240K in 2022. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 892% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A2180%
Cote d'IvoireN/AN/AN/A4.10%
Mozambique6.715814.8N/A48.6%
United KingdomN/A8.1106N/A1208.6%
Czech RepublicN/A3.3N/AN/A0%
Others12.016.420.718.415.3%
Total18.7185141240134.1%

Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from South Africa in 2022:

  1. China (341.0 units)
  2. Cote d'Ivoire (87.0 units)

Source: IndexBox Market Intelligence Platform

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